The InRento team presents a new buy-to-let project: D31, Vilnius I. The investment offer consists of a residential house on a spacious plot of land, situated just 50 meters from the Neris River in one of the greenest areas of Vilnius, Lithuania’s capital.
The property is conveniently located only a 10-minute drive from the city centre, located at Dubliškių St. 31, Vilnius.
The project owner plans to utilise the entire 578.74 m² house by developing 17 modern apartments, each with an average area of approximately 32 m². Additionally, 17 ground parking spaces will be constructed on the property. The primary focus of the project is rental income generation and future property realisation.
An independent appraiser has valued the combined land plot and residential house at EUR 849,000.
The estimated profit from the sale of all apartments is projected to be up to EUR 400,000.
The project owner is Fotomanija, UAB, led by Director Albertas Šlajus, who is actively involved in the real estate development. The project owner has successfully completed similar projects over recent years. Currently, the project owner is successfully implementing similar projects financed on the InRento platform – R34, Vilnius, Forest 22, Vilnius, and Bajorai 20, Vilnius.
In addition to regular monthly interest payments, these projects have shown significant repayment progress, highlighting their attractiveness and the project owner’s effective management.
Investors will receive a fixed monthly interest rate of 9.25% – 10.5% per annum, depending on the invested amount. Additionally, a fixed annual capital gains of 1.5% will be paid at the end of the project.
This raises the total project yield from 10.75% to 12% annual return.
The maximum duration of the project is just 15 months.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 15 months, a fixed return of 1.88% applies.
The profit margin is payable whether or not the Loan is repaid on the sale of the property.
Read full information on pricing on this link.
The project – D31, Vilnius has been partially realized.
Investors have been repaid EUR 62,532.23 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 573.89.
The project – D31, Vilnius has been partially realized.
Investors have been repaid EUR 43,422.29 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 356.99.
We would like to inform you that investors in Stages 7 will continue to receive full interest amounts as stated in the Loan Agreement, because partial loan repayment has been made before the minimum three-month loan repayment period has ended.
The project – D31, Vilnius has been partially realized.
Investors have been repaid EUR 90,283.09 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 893.90.
We would like to inform you that investors in Stages 6 and 7 will continue to receive full interest amounts as stated in the Loan Agreement, because partial loan repayment has been made before the minimum three-month loan repayment period has ended.
The project – D31, Vilnius has been partially realized.
Investors have been repaid EUR 58,359.08 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 407.93.
We would like to inform you that investors in Stages 6 and 7 will continue to receive full interest amounts as stated in the Loan Agreement, because partial loan repayment has been made before the minimum three-month loan repayment period has ended.
The project – D31, Vilnius has been partially realized.
Investors have been repaid EUR 37,064.15 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 244.49.
We would like to inform you that investors in Stages 6 and 7 will continue to receive full interest amounts as stated in the Loan Agreement, because partial loan repayment has been made before the minimum three-month loan repayment period has ended.
The project – D31, Vilnius has been partially realized.
Investors have been repaid EUR 30,039.93 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 171.96.
We would like to inform you that investors in Stages 4, 5, and 6 will continue to receive full interest amounts as stated in the Loan Agreement, because partial loan repayment has been made before the minimum three-month loan repayment period has ended.
The project – D31, Vilnius has been partially realized.
Investors have been repaid EUR 62,841.49 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 318.87.
The mortgage agreement with the project owner has been successfully concluded and registered (the document can be found in the "Documents" section of the project description).